ii. the Board does not require any additional disclosures about the transaction price on top of those required by IFRS Standards and proposed in the Goodwill and Impairment project; b) when the predecessor approach is used: i. the Board applies particular disclosure requirements in IFRS 3 and ...
We analyze a choice that parent firms face under IFRS--whether to account for a business combination under common control (BCUCC) at fair value or historical cost-- to provide evidence that reduced accounting leverage due to the use of fair values can result in wealth transfer from parent-...
Furthermore, if a corporation repurchases its own common stock, the transaction is recorded as a reduction in stockholders’ equity. The cost of the repurchased shares is debited to the treasury stock account, which is a contra-equity account. This account offsets the common stock and additional...
The department that determines the financial company to which the transaction must be posted and which is responsible for the tax declaration in the tax country of the order. The financial company's home country must be the tax country of the order. The financial department is an accounting off...